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# ** Bitcoin Surpasses Technology Stocks, Achieves Largest Profit Despite Temporary Drop**

Bitcoin outperformed several technology stocks in the United States (US). This helped push Bitcoin to a record high of around US$109,000 when Trump was inaugurated on January 20.

Although it briefly fell to US$76,000 following the announcement of US tariffs, this largest digital currency surged about 12% since last week and approached the price level of US$95,000 for the first time since early March.

This surge is higher than the Nasdaq100 index, which rose 5% as investors consider the impact of Trump's trade war.

One of the factors for the increase in this digital asset is due to Trump's promise of crypto industry glory in his campaign. In fact, the president also signed an executive order to establish a strategic Bitcoin reserve last March.